In light of India''s larger ambitions to meet a growing portion of its energy requirements from RE sources, storage investments become critical to ensure reliability and cost-optimisation.
				    Compare solar financing in India—low-interest loans, subsidies, EMIs, leasing & PPAs for all. Save more on your solar investment.
				    Large scale deployment of intermittent renewable power requires storage solutions to address imbalances between supply and demand, and more ancillary services.
				    India''s battery energy storage systems (BESS) market is poised for significant expansion, driven by ambitious renewable energy (RE) targets and an increasing need for grid
				    Large scale deployment of intermittent renewable power requires storage solutions to address imbalances between supply and demand, and more ancillary services. Battery energy storage systems (BESS) are
				    The Stationary Energy Storage India (SESI) 2025 conference brought together 200+ global leaders, signaling robust policy, investment, and innovation momentum. With
				    What are the critical investment needs for scaling up clean-energy projects in India, and where are the most significant gaps in current financing mechanisms? To meet its 2030 renewable energy targets, India needs annual investment of
				    As part of the Biden-Harris Administration''s Investing in America agenda, the U.S. Department of Energy (DOE) Loan Programs Office (LPO) today announced the closing of a $289.7 million loan guarantee to Sunwealth
				    However, policy volatility, high open access charges, and distribution companies hurdles persist. Unlocking India''s energy future hinges on regulatory stability, stronger financial de- risking
				    Union Budget 2025 Expectations: A Push for Renewable Energy Growth with Subsidies, Incentives, Innovation With a solid policy framework and strategic investments, Union Budget 2025 has the potential to bring India
				    What are the critical investment needs for scaling up clean-energy projects in India, and where are the most significant gaps in current financing mechanisms? To meet its 2030 renewable
				    Between 2022 and May 2025, India auctioned approximately 12.8GWh of battery energy storage system (BESS) capacity for both hybrid and standalone applications.
				    The energy storage landscape is changing quickly as scientists work to create better and longer-lasting storage solutions. Experts are focused on improving smart grids to ensure that electricity systems work well and are.
				    As India''s renewable energy grows, demand for energy storage is increasing, driving various technologies forward. PSH and lithium-ion battery energy storage systems (Li
				    With national and international collaboration, India is positioning itself not only as a leader in renewable energy deployment but also as a major force in energy storage innovation.
				    Standalone Energy Storage Systems (ESS) are rapidly emerging as a key market, with 6.1 gigawatts of tenders issued in the first quarter of 2025 alone, accounting for 64% of the total utility-scale energy storage
				    The Role of Energy Storage in a Renewable-Driven Grid A large share of the 500 GW will come from variable sources such as solar and wind, which are weather dependent and intermitent.
				    The energy transition is not just a technological challenge; it is a financial one. We must mobilize and channel investments and forge partnerships across regions and sectors. Many options are
				    The inherent complexity of such FDRE contracts, combined with their holistic emphasis on solar, wind, and storage (rather than just storage), has readily attracted traditional power sector
				    Adoption of grid-scale energy storage systems for enhancing grid stability, defer capacity upgrades and improving resource adequacy. A stable and efficient power grid is no
				    As such, we''re providing this "Cheat Sheet for Energy Storage Finance" based on our work as buy-side and sell-side investment bankers experienced in both energy storage venture capital and project finance. I''m also including some
				    A key government initiative includes the viability gap funding (VGF) scheme for battery energy storage systems, alongside the development of a pumped hydro storage policy
				    Executive Summary The rapid expansion of renewable energy has both highlighted its deficiencies, such as intermittent supply, and the pressing need for grid-scale energy storage
				    Standalone Energy Storage Systems (ESS) are rapidly emerging as a key market, with 6.1 gigawatts of tenders issued in the first quarter of 2025 alone, accounting for 64% of the total
				    In this piece, we highlight the key features of the Union Budget 2025 and also explore the key trends from previous Union Budgets, examining how they have provided direction to India''s green energy sector.
				    Both the US and global energy storage markets have experienced rapid growth over the last year and are expected to continue expanding rapidly in order to support grid resiliency. Through 2030, the global
				    Innovative financing models: We explore blended financing options, such as viability gap funding and long-term PPAs with storage components, to improve project bankability and attract investment. By
				    As part of the Biden-Harris Administration''s Investing in America agenda, the U.S. Department of Energy (DOE) Loan Programs Office (LPO) today announced the closing
				    Foreword As part of the U.S. Department of Energy''s (DOE''s) Energy Storage Grand Challenge (ESGC), DOE intends to synthesize and disseminate best-available energy storage data,
				    Battery Energy Storage Systems hold the potential to revolutionize India''s energy sector by providing a reliable and sustainable solution.
				    These measures, combined with policy support for energy storage and smart grids, are crucial for sustaining the clean energy transition. However, their success depends on e ective execution,
				    Learn all about project finance, key concepts, evolution, challenges, and future trends in the clean energy sector in this ultimate guide.
The status of pumped storage projects in India Energy storage is critical towards ensuring grid reliability, security, and cost optimisation given India’s growing share of renewable energy in its power purchase mix.
According to the National Energy Plan (NEP) 2023, India aims to achieve a PV installed capacity of 186 GW by 2026-2027 and to reach 365 GW by 2032. Such a vast PV generation capacity will require corresponding energy storage systems to maintain grid stability, making storage technology a crucial element in the current energy transition.
The Union Budget 2025 continues to provide momentum to India’s clean energy transition, driving towards a low-carbon, energy-secure future. In this piece, we highlight the key features of the Union Budget 2025 and also explore the key trends from previous Union Budgets, examining how they have provided direction to India’s green energy sector.
India’s energy storage requirement, which is projected to be 60.6 GW/341.2 GWh by 20302, can either be met by Battery Energy Storage Systems (BESS) or Pumped Storage Projects (PSP). In the FY 2024-25 union budget speech, the finance minister signalled that an energy storage policy would be issued to promote the construction of PSPs in the country3.
As a long-term renewable energy partner in India, we recognize the immense potential of solar-plus-storage in transforming the country’s energy landscape. We are actively exploring co-located solar and storage as well as standalone BESS projects to support energy security, grid reliability, and sustainable economic growth.
At the heart of this momentum is the strategic push by the Government of India and various state authorities, backed by institutions like SECI, NTPC, and SJVN, to advance energy storage solutions. A landmark initiative includes the approval of Viability Gap Funding for 13,200 MWh of battery energy storage systems by 2030-31.